Wafra Inc & Pine Tree Acquire Retail Property On 180 Ken Pratt Blvd In Longmont, CO For $73.8M
180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States
$73,800,000
$200/SF
Building Size
367,918 SF
Asset Type
Retail
Closing
Oct 31, 2022
About this deal
AI
The retail property located at 180 Ken Pratt Blvd in Longmont, CO has been sold. The property encompasses 36 acres of land. The transaction took place on November 1, 2022.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $73,800,000
- Square Footage: 367,918
- Price per Square Foot: $201
- Address: 180 Ken Pratt Blvd, Longmont, CO
- Market: Longmont, CO
The buyer of the property is Wafra Inc & Pine Tree, and the deal was facilitated by JLL as the broker.
The retail sale at 180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States in Longmont, Colorado sold for $73.8M in 2022. The building is 367,918 square feet, implying about 200 per square foot on the published price. This page is the Longmont, Colorado file for the 180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States retail sold: pricing, party profiles, and other closed retail comps from the same Longmont sit in the Market section below. Filter that Longmont retail set by closing date to see what else sold near 180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States around 2022. Published consideration for 180 Ken Pratt Boulevard, Longmont, Colorado 80501, United States is $73.8M, dated 2022. Cite this Wafra Inc & Pine Tree Acquire Retail Property On 180 Ken Pratt Blvd In Longmont, CO For $73.8M sale when underwriting similar retail product around Longmont, Colorado.
Longmont Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93